v3.26.3
Loans And Allowance For Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2026
Loans And Allowance For Credit Losses [Abstract]  
Summary Of Loans, Net

As of

As of

September 30, 2026

December 31, 2025

Commercial

$                             69,302

$                             66,394

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

166,496

150,085

Commercial Mortgages-Non-Owner Occupied

207,043

215,301

Commercial Construction/Land

38,762

16,339

Consumer:

Consumer Open-End

64,207

63,070

Consumer Closed-End

22,336

25,092

Residential:

Residential Mortgages

98,309

105,927

Residential Consumer Construction/Land

34,132

25,599

Total loans

$                           700,587

$                     667,807 

Less allowance for credit losses

6,554

6,450

Net loans

$                           694,033

$                           661,357
Amortized Cost Basis Of Collateral Dependent Loans

Collateral Dependent Loans

September 30, 2026

Business/Other Assets

Real Estate

Commercial

$                          3,019

$                                 -

Commercial Real Estate

-

5,789

Consumer

-

221

Residential

-

1,057

Total

$                          3,019

$                          7,067

Collateral Dependent Loans

December 31, 2025

Business/Other Assets

Real Estate

Commercial

$                          2,661

$                                 -

Commercial Real Estate

-

5,434

Consumer

-

566

Residential

-

1,577

Total

$                          2,661

$                          7,577
Allowance For Credit Losses And Recorded Investment In Loans

The following tables present the activity in the allowance for credit losses for the three and nine-month periods ended and the distribution of the allowance by segment as of September 30, 2026, and 2025 (dollars in thousands).

Allowance for Credit Losses

As of and For the Three Months Ended September 30, 2026

Commercial

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, June 30, 2026

$              810 

$                 3,487 

$             787 

$            1,513 

$         6,597 

Charge-Offs

-

-

(80)

-

(80)

Recoveries

6

-

5

-

11

Provision for (recovery of) credit losses

(4)

(241)

(18)

289

26

Ending Balance, September 30, 2026

$              812 

$                 3,246 

$             694 

$            1,802 

$         6,554 

Allowance for Credit Losses

As of and For the Nine Months Ended September 30, 2026

Commercial

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, December 31, 2025

$              697 

$                 3,262 

$             839 

$            1,652 

$         6,450 

Charge-Offs

(12)

-

(380)

-

(392)

Recoveries

59

-

93

-

152

Provision for (recovery of) credit losses

68

(16)

142

150

344

Ending Balance, September 30, 2026

$              812 

$                 3,246 

$             694 

$            1,802 

$         6,554 

Allowance for Credit Losses

As of and For the Three Months Ended September 30, 2025

Commercial

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, June 30, 2025

$              747 

$                 3,047 

$             799 

$            1,715 

$         6,308 

Charge-Offs

-

-

(23)

-

(23)

Recoveries

1 

-

3

-

4

Provision for (recovery of) credit losses

(93)

129

58

(85)

9

Ending Balance, September 30, 2025

$              655 

$                 3,176 

$             837 

$            1,630 

$         6,298 


‎

Note 8 – Loans and allowance for credit losses (continued)

Allowance for Credit Losses

As of and For the Nine Months Ended September 30, 2025

Commercial

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, December 31, 2024

$           686 

$             3,719 

$          842 

$         1,797 

$       7,044 

Charge-Offs

-

-

(235)

(9)

        (244)

Recoveries

6

1 

9

-

16

Provision for (recovery of) credit losses

(37)

(544)

221

(158)

(518)

Ending Balance, September 30, 2025

$                655 

$                   3,176 

$               837 

$              1,630 

$           6,298 
Amortized Cost Basis By Origination Year
‎

Note 8 – Loans and allowance for credit losses (continued)

The table below details the amortized cost of the classes of loans by credit quality indicator and year of origination as of September 30, 2026 (dollars in thousands).

Term Loans Amortized Cost Basis by Origination Year

2026

2025

2024

2023

2022

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial:

Risk Rating

Pass

$       9,674 

$       8,231 

$       4,210 

$       1,459 

$          858 

$     16,407 

$     25,359 

$               - 

$     66,198 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

868

32

425

1,634

145 

3,104

Total

$       9,674 

$       8,231 

$       4,210 

$       2,327 

$          890 

$     16,832 

$     26,993 

$          145 

$     69,302 

Commercial Real Estate:

Commercial Mort. - Owner Occupied

Risk Rating

Pass

$     39,171 

$     21,059 

$       7,372 

$       6,283 

$     16,651 

$     68,763 

$       2,335 

$               - 

$   161,634 

Special Mention

-

-

-

-

-

74

-

-

74

Substandard

49

-

-

605

-

4,011

123

-

4,788

Total

$     39,220 

$     21,059 

$       7,372 

$       6,888 

$     16,651 

$     72,848 

$       2,458 

$               - 

$   166,496 

Commercial Mort. - Non-Owner Occupied

Risk Rating

Pass

$     19,256 

$     24,681 

$     33,649 

$     12,041 

$     36,627 

$     72,094 

$       7,794 

$               - 

$   206,142 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

901

-

-

-

901

Total

$     19,256 

$     24,681 

$     33,649 

$     12,041 

$     37,528 

$     72,094 

$       7,794 

$               - 

$   207,043 

Commercial Construction/Land

Risk Rating

Pass

$       3,692 

$     10,564 

$     18,545 

$          524 

$          359 

$       4,216 

$          762 

$               - 

$     38,662 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

100

-

100

Total

$       3,692 

$     10,564 

$     18,545 

$          524 

$          359 

$       4,216 

$          862 

$               - 

$     38,762 

Consumer:

Consumer - Open-End

Risk Rating

Pass

$               - 

$               - 

$               - 

$               - 

$               - 

$               - 

$     61,794 

$       2,257 

$     64,051 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

156

156

Total

$               - 

$               - 

$               - 

$               - 

$               - 

$               - 

$     61,794 

$       2,413 

$     64,207 

Consumer - Closed-End

Risk Rating

Pass

$       1,691 

$       1,844 

$       4,763 

$       2,759 

$       6,703 

$       4,461 

$               - 

$               - 

$     22,221 

Special Mention

-

-

-

-

-

-

-

-

$ -

Substandard

-

-

21

-

-

94 

-

-

$          115 

Total

$       1,691 

$       1,844 

$       4,784 

$       2,759 

$       6,703 

$       4,555 

$               - 

$               - 

$     22,336 

Residential:

Residential Mortgages

Risk Rating

Pass

$       8,856 

$       9,876 

$     13,352 

$     13,676 

$     17,518 

$     33,791 

$               - 

$               - 

$     97,069 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

1,240

-

-

1,240

Total

$       8,856 

$       9,876 

$     13,352 

$     13,676 

$     17,518 

$     35,031 

$               - 

$               - 

$     98,309 

Residential Consumer Construction/Land

Risk Rating

Pass

$     16,707 

$     12,724 

$       1,575 

$          309 

$          276 

$       2,241 

$          300 

$               - 

$     34,132 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

-

-

Total

$     16,707 

$     12,724 

$       1,575 

$          309 

$          276 

$       2,241 

$          300 

$               - 

$     34,132 

Totals:

Risk Rating

Pass

$     99,047 

$     88,979 

$     83,466 

$     37,051 

$     78,992 

$   201,973 

$     98,344 

$       2,257 

$   690,109 

Special Mention

-

-

-

-

-

74

-

-

74

Substandard

49

-

21

1,473

933

5,770

1,857

301

10,404

Total

$     99,096 

$     88,979 

$     83,487 

$     38,524 

$     79,925 

$   207,817 

$   100,201 

$       2,558 

$   700,587 


‎

Note 8 – Loans and allowance for credit losses (continued)

The table below details the amortized cost of the classes of loans by credit quality indicator and year of origination as of December 31, 2025 (dollars in thousands).

Term Loans Amortized Cost Basis by Origination Year

2025

2024

2023

2022

2021

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

Risk Rating

Pass

$        9,761 

$        6,431 

$        2,628 

$        2,565 

$        3,920 

$      14,677 

$      23,694 

$             16 

$      63,692 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

878

8

33

459

1,179

145

2,702

Total

$        9,761 

$        6,431 

$        3,506 

$        2,573 

$        3,953 

$      15,136 

$      24,873 

$           161 

$      66,394 

Commercial Real Estate:

Commercial Mort. - Owner Occupied

Risk Rating

Pass

$      21,687 

$      19,783 

$        7,408 

$      17,560 

$      43,009 

$      34,709 

$        1,734 

$                - 

$    145,890 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

91

-

2,708

1,396

-

-

4,195

Total

$      21,687 

$      19,783 

$        7,499 

$      17,560 

$      45,717 

$      36,105 

$        1,734 

$                - 

$    150,085 

Commercial Mort. - Non-Owner Occupied

Risk Rating

Pass

$      31,054 

$      41,199 

$      12,425 

$      45,772 

$      24,705 

$      52,485 

$        6,738 

$                - 

$    214,378 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

923

-

-

-

-

923

Total

$      31,054 

$      41,199 

$      12,425 

$      46,695 

$      24,705 

$      52,485 

$        6,738 

$                - 

$    215,301 

Commercial Construction/Land

Risk Rating

Pass

$        4,056 

$        6,236 

$           543 

$           369 

$        2,595 

$        1,734 

$           490 

$                - 

$      16,023 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

316

-

-

-

316

Total

$        4,056 

$        6,236 

$           543 

$           369 

$        2,911 

$        1,734 

$           490 

$                - 

$      16,339 

Consumer:

Consumer - Open-End

Risk Rating

Pass

$                - 

$                - 

$                - 

$                - 

$                - 

$                - 

$      61,048 

$        1,415 

$      62,463 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

607

607

Total

$                - 

$                - 

$                - 

$                - 

$                - 

$                - 

$      61,048 

$        2,022 

$      63,070 

Consumer - Closed-End

Risk Rating

Pass

$        2,205 

$        5,579 

$        3,204 

$        8,256 

$           246 

$        5,359 

$                - 

$                - 

$      24,849 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

29

-

104

-

110

-

-

243

Total

$        2,205 

$        5,608 

$        3,204 

$        8,360 

$           246 

$        5,469 

$                - 

$                - 

$      25,092 

Residential:

Residential Mortgages

Risk Rating

Pass

$      11,007 

$      16,741 

$      17,196 

$      20,278 

$        7,312 

$      31,432 

$                - 

$                - 

$    103,966 

Special Mention

-

-

-

-

-

66

-

-

66

Substandard

-

-

29

493

-

1,373

-

-

1,895

Total

$      11,007 

$      16,741 

$      17,225 

$      20,771 

$        7,312 

$      32,871 

$                - 

$                - 

$    105,927 

Residential Consumer Construction/Land

Risk Rating

Pass

$      17,834 

$        2,550 

$           350 

$        1,285 

$           812 

$        2,398 

$           300 

$                - 

$      25,529 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

70

-

-

70

Total

$      17,834 

$        2,550 

$           350 

$        1,285 

$           812 

$        2,468 

$           300 

$                - 

$      25,599 

Totals:

Risk Rating

Pass

$      97,604 

$      98,519 

$      43,754 

$      96,085 

$      82,599 

$    142,794 

$      94,004 

$        1,431 

$    656,790 

Special Mention

-

-

-

-

-

66

-

-

66

Substandard

-

29

998

1,528

3,057

3,408

1,179

752

10,951

Total

$      97,604 

$      98,548 

$      44,752 

$      97,613 

$      85,656 

$    146,268 

$      95,183 

$        2,183 

$    667,807 
Gross Charge-Offs By Origination Year The following table details the gross charge-offs of loans by year of origination for the nine months ended September 30, 2026 and the nine months ended September 30, 2025 (dollars in thousands).

Current Period Gross Charge-Offs by Origination Year

For the nine months ended September 30, 2026

2026

2025

2024

2023

2022

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

$            -

$            -

$            -

$            -

$            -

$            -

$              -

$            12

$         12

Commercial Real Estate:

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Construction/Land

-

-

-

-

-

-

-

-

-

Consumer:

-

-

-

-

-

-

-

-

-

Consumer Open-End

-

-

-

-

-

-

12

1

13

Consumer Closed-End

-

6

-

-

221

140

-

-

367

Residential:

-

-

-

-

-

-

-

-

-

Residential Mortgages

-

-

-

-

-

-

-

-

-

Residential Consumer Construction/Land

-

-

-

-

-

-

-

-

-

Total

$            -

$           6

$            -

$            -

$       221

$       140

$            12

$            13

$       392

For the nine months ended September 30, 2025

2025

2024

2023

2022

2021

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

$            -

$            -

$            -

$            -

$            -

$            -

$              -

$              -

$            -

Commercial Real Estate:

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Construction/Land

-

-

-

-

-

-

-

-

-

Consumer:

-

-

-

-

-

-

-

-

-

Consumer Open-End

-

-

-

48

-

6

-

-

54

Consumer Closed-End

-

-

44

110

27

-

-

-

181

Residential:

-

-

-

-

-

-

-

-

-

Residential Mortgages

-

-

-

-

-

9

-

-

9

Residential Consumer Construction/Land

-

-

-

-

-

-

-

-

-

Total

$            -

$            -

$         44

$       158

$         27

$         15

$              -

$              -

$       244
Loans On Non-Accrual Status

September 30, 2026

Nonaccrual Loans

With No Allowance

With an Allowance

Total

Commercial

$              327

$               72

$        399

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

-

-

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

Commercial Construction/Land

-

-

-

Consumer

Consumer Open-End

-

-

-

Consumer Closed-End

87

-

87

Residential:

Residential Mortgages

62

-

62

Residential Consumer Construction/Land

-

-

-

Total

$              476

$               72

$        548

December 31, 2025

Nonaccrual Loans

With No Allowance

With an Allowance

Total

Commercial

$ 387

$ 72

$ 459

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

30

-

30

Commercial Mortgages-Non-Owner Occupied

-

-

-

Commercial Construction/Land

316

-

316

Consumer

Consumer Open-End

255

-

255

Consumer Closed-End

80

-

80

Residential:

Residential Mortgages

494

-

494

Residential Consumer Construction/Land

70

-

70

Total

$ 1,632

$ 72

$ 1,704
Age Analysis Of Past Due Financing Receivables

Age Analysis of Past Due Loans as of September 30, 2026

Amortized

Cost

2026

30-59 Days

60-89 Days

Greater than

Total Past

Total

> 90 Days &

Past Due

Past Due

90 Days

Due

Current

Loans

Accruing

Commercial

$

32

$

-

$

398

430

$

68,872

$

69,302

$

-

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

44

-

-

44

166,452

166,496

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

207,043

207,043

-

Commercial Construction/Land

-

-

-

-

38,762

38,762

-

Consumer:

Consumer Open-End

141

33

-

174

64,033

64,207

-

Consumer Closed-End

253

-

87

340

21,996

22,336

-

Residential:

Residential Mortgages

15

-

-

15

98,294

98,309

-

Residential Consumer Construction/Land

-

226

-

226

33,906

34,132

-

Total

$

485

$

259

$

485

$

1,229

$

699,358

$

700,587

$

-

Age Analysis of Past Due Loans as of December 31, 2025

Amortized

Cost

2025

30-59 Days

60-89 Days

Greater than

Total Past

Total

> 90 Days &

Past Due

Past Due

90 Days

Due

Current

Loans

Accruing

Commercial

$

118

$

13

446

$

577

$

65,817

$

66,394

$

-

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

47

-

30

77

150,008

150,085

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

215,301

215,301

-

Commercial Construction/Land

-

-

-

-

16,339

16,339

-

Consumer:

Consumer Open-End

217

132

75

424

62,646

63,070

-

Consumer Closed-End

42

93

80

215

24,877

25,092

-

Residential:

Residential Mortgages

1,698

183

29

1,910

104,017

105,927

-

Residential Consumer Construction/Land

-

-

70

70

25,529

25,599

-

Total

$

2,122

$

421

$

730

$

3,273

$

664,534

$

667,807

$

-
Allowance For Credit Losses On Unfunded Commitments

Allowance for Credit Losses on Unfunded Commitments

(in thousands)

Balance, June 30, 2026

$                           559

Provision for credit losses

9

Balance September 30, 2026

$                           568

Balance, December 31, 2025

$                           673

(Recovery of) credit losses

(105)

Balance September 30, 2026

$                           568

Allowance for Credit Losses on Unfunded Commitments

Balance, June 30, 2025

$                           678

Provision for credit losses

82

Balance September 30, 2025

$                           760

Balance, December 31, 2024

$                           543

Provision for credit losses

217

Balance September 30, 2025

$                           760